November 6, 2018, Baku, Azerbaijan
September 17, 2018, 12:00-1:00 p.m., Brown Lounge, Brown Hall, Washington University
Singapore’s Prime Minister Lee Hsien Loong spoke at the August 24 launch of the book “Critical Issues in Asset Building in Singapore’s Development.” Professors S. Vasoo and Bilveer Singh at the National University of Singapore (NUS) edited the book. The lead chapter is by Michael Sherraden, director of the Center for Social Development at Washington University in St. Louis.
Li Zou, the Center for Social Development’s international director, participated in two high-profile events this summer in Beijing.
Sherraden, M. (2018). Challenges in asset building in Singapore. In S. Vasoo & B. Singh (Eds.), Critical issues in asset building in Singapore’s development (pp. 1–19). doi:10.1142/9789813239760_0001
Sherraden, M., Cheng, L.-C., Ssewamala, F., Kim, Y., Loke, V., Zou, L., … Han, C.-K. (2018, July 30). International Child Development Accounts. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.1261
Sherraden, M., Johnson, L., Clancy, M. M., Beverly, S. G., Sherraden, M. S., Schreiner, M., … Han, C.-K. (2018, March 28). Asset building: Toward inclusive policy. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.25
Fang, S., Huang, J., Curley, J., & Birkenmaier, J. (2018). Family assets, parental expectations, and children educational performance: An empirical examination from China. Children and Youth Services Review, 87, 60–68. doi:10.1016/j.childyouth.2018.02.018
On February 8, Fred Melch Ssewamala, PhD, a renowned social and economic development scholar, was installed as the William E. Gordon Distinguished Professor at the Brown School of Social Work.
The book “Asset-Building Policies and Innovation in Asia” – a valuable resource for students and scholars of Asian social policy – is now available in paperback.
Yuan, Y., & Jin, M. (2017). Financial literacy in China: Priorities and a direction (CSD Working Paper No. 17-37). St. Louis, MO: Washington University, Center for Social Development.
The Global Social Development Innovations research center will focus on developing community-driven initiatives that address economic security, workforce development, financial inclusion, social protection, health and education.
A researcher from CSD’s sister center in South Africa met with CSD staff members recently. Jacqueline Moodley is a research psychologist and researcher at the Centre for Social Development in Africa at the University of Johannesburg.
Chen, Z., & Jin, M. (2016). Financial inclusion in China: Use of credit (CSD Working Paper No. 16-24). St. Louis, MO: Washington University, Center for Social Development.
Building on a longtime working history, leadership from the Center for Social Development formally advised the Israeli government in May on best practices for implementing the country’s new law to confer universal savings accounts on children born in Israel. The law takes effect in January 2017.
Top Ghana officials, representatives from more than 20 financial institutions and practitioners met in April in Accra, Ghana, to learn about YouthSave research findings and how they could encourage young people to open bank accounts and save.
We are pleased to share news from and highlight ongoing collaborations with our global partners the Centre for Social Development Asia, at the National University of Singapore, and the Centre for Social Development in Africa, at the University of Johannesburg.
The Singapore government announced on March 24 that it significantly expanded Child Development Accounts as of that date.
Michal Grinstein-Weiss, associate director of the Center for Social Development, spent part of December traveling in Israel on an important mission: to spread the word about how Israel can best implement its new law to provide universal child savings accounts known in the United States as Child Development Accounts, to all newborns.
In 2010, researchers in the vast YouthSave Initiative started investigating whether low-income youth can build savings in the developing countries of Colombia, Ghana, Kenya and Nepal. Now their findings are summarized in a newly released report.
YouthSave researchers gathered recently in Washington, D.C., to discuss what they learned over five years about how to provide scalable saving mechanisms to low-income youth—and what their findings could mean for youth development and financial inclusion.
Israel’s parliament will consider a state budget this fall that includes funding for long-term savings accounts for all newborns, a proposal authored by Michal Grinstein-Weiss, PhD, the associate director of the Center for Social Development, and based on research efforts led by Michael Sherraden, PhD, the director of CSD.
Most young people in Sub-Saharan Africa are not saving money, and an article in the journal Global Social Welfare explains what helps or hurts them in their efforts.
A groundbreaking project examining the attitudes and practices of young people in developing economies toward saving money has led to new findings that confirm and challenge assumptions about youth saving at formal financial institutions.
Singapore’s innovative response to its rough and vulnerable beginning has shaped the first 50 years of the island country, Michael Sherraden said Wednesday, speaking to a crowd gathered at the National University of Singapore for his public lecture marking Singapore’s 50th Anniversary as an independent nation.
The Singapore launch of the Next Age Institute is on Monday, February 23, at the National University of Singapore. The event will feature Singapore’s Senior Minister of State Amy Khor as the guest of honor.
Sherraden, M., Zou, L., Ku, H., Deng, S., & Wang, S. (Eds.). (2014). Asset-building policies and innovations in Asia. Abingdon, England: Routledge.
Asian scholars, practitioners and policymakers share lessons about asset-building policies in Asia and chart the future in the new book “Asset-Building Policies and Innovations in Asia.”
Children in four developing countries saved more than $1.8 million during the YouthSave initiative, one of the largest scientific studies of the effect of savings on people ages 12 to 18.
Li-chen Cheng, Ph.D., chair of the Department of Social Work at National Taiwan University, has rejoined the Brown School for a six-month sabbatical. Between 1990 to 1995, Dr. Cheng studied for her Ph.D. from 1990 to 1995 and worked on projects at CSD.
Sherraden, M. (2014, February). Innovations in asset building (CSD Perspective No. 14-18). St. Louis, MO: Washington University, Center for Social Development.
The Center for Social Development (CSD) at Washington University in St. Louis recognizes that asset-building policies in Asia offer important lessons in lifelong wealth and retirement security. International interest in these policies, particularly regarding aging populations, has prompted a book published in Chinese and one forthcoming in English.
Michael Sherraden, PhD, George Warren Brown Distinguished University Professor and director of the Center for Social Development at the Brown School, has been named the inaugural S. R. Nathan Professor at the National University of Singapore.
Low-income youth in developing countries will save their money in a formal account when given the right opportunity.
Sherraden, M., Zou, L., Deng, S., Ku, H. B., & Wang, S. (Eds.). (2013). Lifelong asset building [Special issue]. China Journal of Social Work, 6(2).
The Center for Social Development at Washington University in St. Louis and long-time partner Peking University in Beijing have begun collaborating on a new endeavor: Savings accounts for children with disabilities in China.
Sherraden, M., Zou, L., Deng, S., Ku, H. B., & Wang, S. (2013). Introduction to the special issue on lifelong asset building. China Journal of Social Work, 6(2), 101–103. doi:10.1080/17525098.2013.797363
Brown School alumna Molly Wimonmat Srichamroen has created a first-of-its-kind children’s savings program in her native Thailand, using knowledge she gained at the Center for Social Development. Srichamroen was also a scholar in Washington University’s McDonnell International Scholars Academy.
Zou, L., Cheng, L.-C., Lee, E., Teyra, C., Chen, C., & Song, S, S, (2013). A comparative study on asset-building policy diffusion in Korea and Taiwan. China Journal of Social Work, 6(2), 149–162. doi:10.1080/17525098.2013.797364
Huang, J. (2013). Asset poverty and happiness in urban China. China Journal of Social Work, 6(2), 163–176. doi:10.1080/17525098.2013.797361
Guo, B., Guo, X., & Zou, L. (2013). The Hutubi Model: What have we learned? China Journal of Social Work, 6(2), 118–126. doi:10.1080/17525098.2013.797362
A special issue of “Economics of Education Review” marks the first comprehensive set of studies that link assets and educational attainment. Research provides evidence that college savings should be included in policies for educational financing.
Child and Youth Finance International. (2013). Children and youth as economic citizens: Review of research on financial capability, financial inclusion, and financial education (Research Working Group Report). Amsterdam: Author.
Sherraden, M. S., & Ansong, D. (2013). Conceptual development of the CYFI Model of Children and Youth as Economic Citizens (CSD Research Report No. 13-03). St. Louis, MO: Washington University, Center for Social Development.
Sherraden, M. S., & Ansong, D. (2013). Research evidence on the CYFI Model of Children and Youth as Economic Citizens (CSD Research Report No. 13-04). St. Louis, MO: Washington University, Center for Social Development.
The Center for Social Development at Washington University in St. Louis partnered with Peking University and Hong Kong Polytechnic University to host a conference on strategies and innovations for asset building. This conference, held at Peking University in mid-November, reviewed research on asset building initiatives, a growing interest throughout Asia.
November 16-18, 2012, Beijing, China
The Conference on Lifelong Asset Building: Strategies and Innovations in Asia, taking place this weekend in Beijing, will harness the experiences and brainpower of leading scholars, policy makers, practitioners, corporate leaders and funders from around the world.
Representatives from the Center for Social Development at Washington University recently traveled halfway around the world to meet with colleagues from the YouthSave Consortium, and had the unique opportunity to talk with Nepalese youth and learn more about their savings experience.
Do Ghanaian youth have money? How do they get it? What do they do with it? These are questions we are beginning to answer in YouthSave using data from a baseline survey of over 6,000 in-school youth.